ConsenSys has made significant purchases of ETH, acquiring a total of 161,112 ETH valued at about 422 million USD over the past three weeks. The latest purchase comprised 3,704 ETH for 8.91 million USD through Galaxy Digital.
Ethereum price saw a 7% increase recently, trading around 2,419 USD. Analysts predict potential consolidation between 2,500 USD and 2,750 USD, with further upward momentum possible as the market stabilizes.
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